THOUGHTS

Let’s Rewind: Healthcare Industry 2017 In a Nutshell

Dec 29, 2017

With each passing year, the healthcare industry is developing multifold by embracing the latest innovation and technology. Looking back, 2017 was an eventful year for the medical sector given the most recent innovations that have been introduced and affordable healthcare becoming more popular among healthcare companies. Big data analytics and blockchain technology have become more prominent and widely accepted than ever in this sector over the last year. We are all excited to see what 2018 will bring into to the healthcare industry, but before that let us take a quick look at the top trends and innovations that have dominated the healthcare sector through 2017:

Blockchain moves from theory to practice

The buzz around blockchain in healthcare started doing the rounds by the end of 2016. However, there was a lot of skepticism surrounding its feasibility. But after a number of workshops and demos carried out across various healthcare companies, blockchain has slowly made a place for itself in the healthcare industry. Today, healthcare companies possess a large directory of a database that contains patients’ vital information. With the help of blockchain, players in the medical industry can ensure that patient data is securely maintained and accessible to authorized personnel only as per their requirements.

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